Stocks to Watch Today: PTTGC and SCC to Combine Olefins Business Valued at 60 Billion Baht

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Summary · why it matters

Today's stocks to watch are led by PTTGC and SCC, after newspapers reported that the Trade Competition Commission is scrutinising the merger of GC's and SCGC's olefins and polyolefins businesses, a deal estimated at 60 billion baht that falls under Section 51 of the trade competition law. Fiscal year 2025 set a record with 24 merger cases worth a combined 1.26 trillion baht. Both companies are rushing to finalise the status of the business this October before applying for merger approval. Meanwhile, PTTEP is expected to post third-quarter 2026 profit of 40 to 45 percent, reaching 18 to 18.5 billion baht, driven by higher average selling prices and the retroactive recognition of sales from the A18 gas field. KS maintains a buy rating with a target price of 150 baht. QUICK has set its IPO price at 5.65 baht, with subscriptions open on 9, 12 and 14 October ahead of trading on 21 October 2026. SIRI plans to issue a new perpetual bond together with nine financial institutions, with subscriptions expected to open in February 2027, after nine-month sales of 36.4 billion baht and a backlog of more than 24 billion baht.

Impact on assets 5

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Off-coverage companies 2

SCG Chemicals Public Company Limited (SCGC)i
Private± MixedRegulationrelevance

SCGC's olefins and polyolefins business merger with PTTGC is under Trade Competition Commission review before approval.

Kasikorn Securities Public Company Limitedi
Private± Mixedrelevance